IFF revenue soars 17% in Q1 2010

Published: 10-May-2010
Ingredients Fragrance Finance

Strong quarter for fragrance business unit drives sales growth


Sales figures for International Flavors & Fragrances Inc grew an impressive 17% in the first quarter of 2010 as compared to the prior year period, reaching $654m, an increase of 13% excluding the impact of foreign currency.

The company’s fragrance business increased 18% in local currency sales, with strong results in all categories. Fine fragrance reversed its recent downward trend growing at a double-digit rate, while beauty care performance continued to build momentum. Sales also improved in functional fragrance and fragrance ingredients, according to IFF.

Meanwhile IFF’s flavour unit grew 8% in local currency sales in the first quarter.

Doug Tough, IFF’s chairman and ceo said: “we continue to be mindful that economic conditions remain fluid and that a portion of our success can be attributed to the benefits of customer restocking as well as favourable comparisons versus a soft year-ago period.

“Nonetheless, we feel confident that the underlying health of our commercial performance is strong and as a result we will continue to monitor our performance throughout the balance of the year as we look to make targeted investments to strengthen our market.”
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Cosmetics Business picks: 7 Glinda-approved Wicked: For Good beauty launches

Read more
With the sequel to the box-office smash hit soon returning to cinema, we round up the best Wicked: For Good-inspired beauty collaborations, collections and launches

Trending Articles

  1. Ulta Beauty hit with lawsuit over ‘clean’ beauty claims A class action lawsuit filed in the US alleges that products that are part of Ulta's Conscious Beauty initiative contain ingredients that are on the US beauty retailer’s Made Without List
  2. Estée Lauder Companies’ Q1 sales beat estimates as turnaround takes hold in ‘pivotal year’ Stéphane de La Faverie, President and CEO of the Estée Lauder Companies (ELC), hailed a strong start to the year as his ‘Beauty Reimagined’ strategy begins to bear fruit
  3. Estée Lauder Companies partners with Shopify to elevate customer experience The cosmetics giant, which owns Jo Malone London and MAC Cosmetics, is teaming up with the e-commerce platform as part of a new strategic partnership to modernise omnichannel shopping experiences
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    Bodycare saved by former The Body Shop CEO Charles Denton Denton most recently led the acquisition and turnaround of The Body Shop, and plans to reopen 30 to 50 Bodycare stores in the first half of 2026
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    Opinion: Louis Vuitton’s strategic leap into beauty and brand protection – from monogram to make-up The brand’s debut make-up line La Beauté marks more than just another brand expansion – it is a strategic move that blends design heritage, intellectual property (IP) strength and luxury positioning, argues IP specialist at Reddie & Grose Georgina Tanner

Upcoming event

Shanghai International Personal Care Expo

5–7 November 2025 | Shanghai, China See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Cosmetics Business picks: 7 Glinda-approved Wicked: For Good beauty launches

With the sequel to the box-office smash hit soon returning to cinema, we round up the best Wicked: For Good-inspired beauty collaborations, collections and launches
Colour Cosmetics

Charlotte Tilbury helps push Puig sales up 6.1% in Q3 as fragrance market moderates

Make-up sales at beauty giant Puig were up 18.8% in the three months to 30 September, helped by Charlotte Tilbury, while fragrance growth has started to moderate
Colour Cosmetics

Tropic Skincare’s Susie Ma and Refy’s Jenna Meek are joining Dragons’ Den as guest dragons

UK beauty business owners Ma and Meek will step into the den in 2026 as they take on guest roles in the upcoming series of BBC television show Dragons’ Den
Ingredients

Climate change, hygiene and skin barrier: proven approaches for formulators

The skin barrier is the first defence against external stressors. Maintaining it prevents water loss, irritation, and harmful substance penetration. Harsh climates and daily hygiene challenge its integrity, making skin health preservation essential
Ingredients

Rediscover purposeful, resilient and innovative beauty with BASF’s “Beyond Beauty” at California Suppliers’ Day

BASF introduces Ameriflor Calm, a fresh launch celebrating regional traditional use and scientific excellence. “Reshaping Beauty” formulation concept offers a forward-looking approach that reimagines self-expression, inclusivity and sustainability
Finance

Estée Lauder Companies’ Q1 sales beat estimates as turnaround takes hold in ‘pivotal year’

Stéphane de La Faverie, President and CEO of the Estée Lauder Companies (ELC), hailed a strong start to the year as his ‘Beauty Reimagined’ strategy begins to bear fruit
Fragrance

Friends star Courtney Cox’s Homecourt lands $8 million to take fragrance brand to ‘next level’

Fresh investment in Homecourt, led by venture capital firm Cult Capital, will help the actor’s home and personal fragrance brand grow, including expanding its current team
Subscribe now